ABC Pty Ltd is a resident private company. It is not a small business entity.

01/07/20 Received unfranked dividend from D Ltd 3,000

01/09/20 Paid PAYG Instalment 3,000

Received 30% franked dividend from Q Ltd 10,000

11/03/21 Paid interim dividend fully franked 20,000

15/03/21 Paid balance of company tax 6,000

01/04/21 Paid fringe benefits tax of 7,000

11/06/21 Received fully franked dividend from C Ltd 7,000 15/06/21 Paid final dividend franked to 80% 10,000

• The entity had an opening franking account balance of $1000 credit
• The entity was not granted any variations to its benchmark franking percentage

Prepare the franking account for the year ended 30 June 2021.